This is an excellent piece and pings directly on what we have seen firsthand. Millennials are being regulated, by many means, right out of home ownership. The author makes the point that despite the spin, Millennials actually want their own homes. They want families. They don’t necessarily want to spend their lives in tightly packed cities. They just can’t afford homes, families, or to move. Few Millennials will admit this but it’s true. But hey, the mimosas are bottomless at brunch.
We don’t call it “mutant capitalism,” we call it crony capitalism. But the main point made in the attached article is vitally important.
What many young people know as “capitalism” is not capitalism. They’ve known only crony capitalism. Many young people have never seen a world in which the economy was allowed to breathe and one where people were generally free to start businesses and carve out a claim while helping fulfill the needs and desires of their fellow humans.
This is where political correctness (a term coined by Marx) which is a type of religion, has taken us.
Science is racist. Just what South Africa needs, people who think witchcraft (which is indigenous) is equivalent (superior?) to the scientific method. Why? Because science is “Eurocentric.”
This kind of thinking ought to work out great for the country.
But the smug ignorance displayed by the woman in the attached video is the same I see displayed by some Americans on the “Left”
I have to say, this lady does an excellent Hillary Clinton. And a pretty good Bernie Sanders.
Houses, at least most houses, really aren’t that good an investment. Don’t get me wrong, I own a house. I’m rooting for a housing recovery. And I know some people are upside down on their houses and are hoping to get back above water sometime this decade. They don’t want to believe that their largest asset really isn’t that great an asset. But alas, in many cases, perhaps most, this is true.
UKIP is not a libertarian party but it does have deep and serious libertarianish tendencies. In the wake of the Purple Party’s historic win in Parliament comes this interesting bit of analysis of the political disposition of Britain’s youngest voters.
Destined to fail from the beginning. We need to figure this out and make difficult choices.
Look, I think there should be a phase out of the old system over say 10 years.
Older people have made calculations with the idea that Social Security would be there forever as it is now. Most people are not economists. They just did their thing in their working life and then retired as they were told they should. If we are going to change social security we should be sensitive to this very important (and very political) point.
From Reason.com and we could not agree more. For the GOP, if they want to win, this is the way forward. There is no other choice.